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3 Unit Apartment Building Midtown 400-402 21st St 3 Unit Apartment Building $1,372,035 CAD ($457,345 CAD/Unit) 5% Cap Rate Sacramento, CA 95811

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INVESTMENT HIGHLIGHTS

  • Corner Location (21st & D Streets)
  • 3 Apartment Units
  • Stable Investment
  • 2 Blocks from the proposed 53 ACRE Blue Diamond Development
  • 100% Leased

EXECUTIVE SUMMARY

100% Leased Midtown Apartment Property
400 21st Street is a 3 unit multi-family property located on the corner of 21st and D Street in Midtown Sacramento 2 Blocks from the Blue Diamond 53 ACRE future development. Walkable to local park, national, local and regional restaurants and retailers.
Corner Location
Midtown Apartment Building
Walking Distance to Midtown Nightlife
Stable Investment
100% Occupied

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,372,035 CAD
Price Per Unit $457,345 CAD
Sale Type Investment
Cap Rate 5%
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 1,700 SF
Average Occupancy 97%
No. Stories 1
Year Built/Renovated 1945/2019
Opportunity Zone Yes
Zoning R1B, City/Sacramento

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 1 $2,405 CAD 661
1+1 1 $2,170 CAD 661
Studios 1 $1,641 CAD 378
Walk Score®
Very Walkable (85)
Bike Score®
Biker's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 36361091

  • Date on Market: 2025-06-23

  • Last Updated:

  • Address: 400-402 21st St, Sacramento, CA 95811

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